2401 Eilers Lane Unit #703, Lodi, CA 95242

Property Description

Investor opportunity in the highly desirable Woodlake North community. This one bedroom plus den condominium is being offered with a long-term tenant in place and immediate rental income. Current rent is $1,100 per month, with approximately $865 paid through the Section 8 Housing Program and the balance paid by the tenant. Buyer shall assume the existing tenant and all tenancy matters following the close of escrow. The seller has not had recent access to the interior of the property and is unaware of the current condition of the unit. Property is being sold as-is. Due to tenant occupancy, no interior inspections or showings will be permitted prior to acceptance of an offer. Buyer shall have one scheduled access period after acceptance to conduct all desired inspections, investigations, and due diligence. Woodlake North is one of Lodi's most sought-after condominium communities, featuring mature landscaping, peaceful ponds, a community pool, spa, clubhouse, and a prime location near Lodi Lake, Wine & Roses, shopping, dining, and downtown Lodi. Cash buyers or investors familiar with tenant-occupied properties are encouraged to inquire.